After you mentioned it a few weeks ago I (and a few other TZ'ers) have been been having a very good look at it. It feels like 3/4's of the UMC thread feel the same way, partly because the ex-CEO link, who seems to be highly respected for what he did with UMC.
Its going to be a screaming hot first day, given that its 3x oversubscribed, and Phosphate is the hot new commodity being driven by some very strong long term fundamentals. So you are absolutely right about the key being the entry strategy (I think Black Oil would have made more of that line) The consensus is that anything under 0.40 will be great value.
Anyway, once again thanks for the tip. Looks like its going to be some more fun to be had, while we wait for the TZ mothership to start her journey!!!
TZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
